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REGISTERED NUMBER: 03559661 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

T3 Limited

T3 Limited (Registered number: 03559661)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


T3 Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: T J Taylor
P J Taylor





REGISTERED OFFICE: 29-31 Monson Road
Tunbridge Wells
Kent
TN1 1LS





REGISTERED NUMBER: 03559661 (England and Wales)





ACCOUNTANTS: EWP Limited
20 Anchor Terrace
3-13 Southwark Bridge Road
London
SE1 9HQ

T3 Limited (Registered number: 03559661)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,585 3,453

CURRENT ASSETS
Debtors 5 154,364 172,157
Cash at bank 45,821 25,942
200,185 198,099
CREDITORS
Amounts falling due within one year 6 162,406 148,172
NET CURRENT ASSETS 37,779 49,927
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,364

53,380

CREDITORS
Amounts falling due after more than one year 7 (35,000 ) (49,000 )

PROVISIONS FOR LIABILITIES (3,911 ) (3,911 )
NET ASSETS 453 469

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 451 467
SHAREHOLDERS' FUNDS 453 469

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

T3 Limited (Registered number: 03559661)

Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2024 and were signed on its behalf by:





T J Taylor - Director


T3 Limited (Registered number: 03559661)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

T3 Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net sales taking place during the period, not including value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - Straight line over 4 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

T3 Limited (Registered number: 03559661)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 9,159
DEPRECIATION
At 1 June 2022 5,706
Charge for year 1,868
At 31 May 2023 7,574
NET BOOK VALUE
At 31 May 2023 1,585
At 31 May 2022 3,453

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 120,804 87,174
Other debtors 33,560 84,983
154,364 172,157

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Bank loans and overdrafts 52,452 46,167
Trade creditors (1 ) 387
Taxation and social security 103,455 95,118
Other creditors 6,500 6,500
162,406 148,172

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Bank loans 35,000 49,000

T3 Limited (Registered number: 03559661)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year-end T J Taylor and P J Taylor had a debit balance on their joint directors loan account of £17,043 (2022 £52,553). s455 tax has been declared and paid on the balance.

9. ULTIMATE CONTROLLING PARTY

The controlling party is T J Taylor and P J Taylor.